Meghan Markle and Prince Harry are expected to take speaking engagements. However, they may earn less due to their demands that may put off clients, according to a source.
Meghan Markle and Prince Harry are striving in Hollywood. Just recently, a copy of their contract when invited for speaking engagement leaked. It turned out that the royal couple has several demands which could put off their clients.
Meghan Markle and Prince Harry may earn less in speaking engagements
Meghan Markle and Prince Harry announced when they stepped down from their royal duties that they will work to be financially independent. At present, the pair has been doing that.
They have just signed a deal with Netflix to produce documentaries, scripted series and children’s programs. They are also expected to make millions from their speaking engagements.
An international consultant, who runs VIP corporate events in the UK and US, spoke with The Sun about their contract. The expert pointed out at the level of demands in Prince Harry and Markle’s speaking engagement contract. The Sussexes had too many requirements that may discourage potential clients from booking them.
“The contract paperwork appears to read that the speakers have full control of the client’s event. It certainly raises eyebrows and will put off many potential large corporations,” the unnamed expert said.
“Not many clients ever like inviting talent as star guests, who may be seen as running their event and telling them what to do.”
The expert added that those who will pay them $1 million are unlikely to allow them to boss around and tell them how to run their events.
If Prince Harry and Markle’s demands would put off potential clients, they will earn less because only a few will book them. Also, back then, making $750,000 to $1 million was possible, but at the time, the earnings range is closer to $250,000 to $400,000.
Sussexes’ demand similar to what British royals adopt
The event creator who spoke with The Sun also found it fascinating that the list of demands Meghan Markle and Prince Harry listed was similar to what the British royal family adopts.
Among the things the Duke and Duchess of Sussex want to know ahead of the event are the sponsors, contingency plan, details of the other speakers, and recommended attire, to name a few.
Sussexes have the right to demand
Meanwhile, The Sun‘s source explained that Prince Harry and Meghan Markle have the right to demand. For instance, probing the sponsors and corporations is necessary for them who are very particular in environmental, equality, and child poverty issues.
It’s understandable because the last thing they want to be associated with is an event that is not successful. The insider expects that there will be give and take when negotiating for a deal with the royals. However, the couple may turn down more events than accept them.
“My guess would be ninety percent of opportunities will be passed on, once their speaking brand reaches its peak,” the source said.
The Sun noted that it reached out to Prince Harry and Meghan Markle, and Harry Walker Agency’s reps but did not receive a response.
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